Business Today

Cover story | March 29, 2015

Why is Hyundai shy of taking on Maruti Suzuki?

Why is Hyundai shy of taking on Maruti Suzuki?

Of all the MNCs that entered the Indian car market in the last 20 years, only Hyundai has cracked it. But it is still a long way away from catching up with Maruti.

Hyundai's scale may hit Maruti Suzuki in India

To a degree, Hyundai's position in India is driven by choice. For Hyundai, India is a part of one of the most enviable market portfolios in the world. Suzuki, on the other hand, relies on India to support its global portfolio.

Hyundai will always be close to my heart, says Shah Rukh Khan

Shah Rukh Khan's association with Hyundai India is an example of successful brand ambassadorship.

'I have to admit we are not doing very well'

Business Today spoke to Naomi Ishii, head of Toyota's India operations, and Shekar Viswanathan, VC of Toyota Kirloskar Motor, about the carmaker's future plans for India.

Editor's Note


From the Editor: March 29, 2015

"Were there more things he (Finance Minister Arun Jaitley) could have done, bolder steps he could have taken? Probably," writes Business Today Editor Prosenjit Datta.


Rules of enchantment

A lyrical, inspiring book that aims to re-ignite the spark of passion in the work we do.



Newsmakers in March, 2015: Vijay Mallya, N Srinivasan

Business Today brings you snapshots from newsmakers this past fortnight.

Leadership Spotlight


'The thing you learn from India is that anything is possible'

Grant Thornton Global CEO Ed Nusbaum spoke with Business Today on his recent visit to India about the company's growing business in and learnings from India.



How social graphs are helping build businesses

In the virtual world, six degrees of separation - the theory that you are only six steps away from knowing any other person in the world - has probably narrowed down to three.



'For me, the Budget is Sahib ka saath, Sahib ka vikas'

Former Finance Minister P. Chidambaram ripped apart the Union Budget while speaking on Headlines Today with Rajdeep Sardesai and on Aaj Tak.

FDI hike in insurance loses sheen on govt riders

The government has taken the sheen off the FDI cap hike in insurance by mandating Indian partners to keep management control of local joint ventures.

Health-care firms turn to new pricing models

Like IT outsourcing firms, medical technology companies are now increasingly being forced to transition to outcome-based revenue models as health-care reimbursements come under increased scrutiny.

Will PVR Cinemas retain its No. 1 position?

A series of major acquisitions in 2014/15 is seeing other players like Carnival and INOX catching up.

GN Singh aims to change drug regulatory structure

DGCI GN Singh is trying hard to revamp the system even as cumbersome rules, process delays and rampant corruption pose a challenge to the pharma industry.

DCGI's autonomy is for govt to decide: GN Singh

Drug Controller General of India GN Singh speaks with Business Today about the government's plan to revamp the drug regulatory system.

Nobody wants a nanny state, says Jayant Sinha

Business Today speaks with Minister of State for Finance Jayant Sinha about various aspects of the Union Budget 2015-16.

Union Budget 2015: A step in the right direction

Panellists at BT's Budget 2015/16 discussion were of the view that the FM missed certain opportunities, but it was well-intentioned and a step in the right direction.

What went wrong in Union Budget 2015-16

A vaunted lawyer like Finance Minister Arun Jaitley did not do a stellar job of selling the Budget, even though he did put in much in it.

Infra spending increased, allocation battle begins

Finance Minister Arun Jaitley announced an increase of Rs  70,000 crore in the government's spending on infrastructure, but where will all this money go?

'Govt will continue to fail in fight against moneylenders'

"The Bharatiya Janata Party has been out of power and hence out of the scheme multiplication game for a decade," writes Ashok V Desai.

'Nobody accused me of running an ATM ministry'

Former UPA minister Jairam Ramesh, in a conversation with Business Today, minces no words when he calls the Ministry of Environment and Forests (MoEF) a bed of thorns.


Need GST to revamp indirect tax

"Without any clarity on the compliance rules and procedures, it will be challenging for them (government) to design the compliance framework for GST," writes Satya Poddar.

Revenue shortfall and missed chances

With the continuing downslide of inflation, the central and state governments may be looking at falling buoyancy of their tax revenues even in 2015/16, writes DK Srivastava.


Letters to the Editor

Business Today readers give feedback on the magazine's coverage in the March 15, 2015 issue.



Handling workplace dynamics

Top HR executives in Bangalore discuss social media at workplace and whether working from home is a good option.

80 executives swing their way to glory in Mumbai

More than 80 executives had a fun day at work at BT's golf event in Mumbai recently.



Chayoos brings tea in a modern, funky cafe format

Chaayos is Nitin Saluja and Raghav Verma, the two IITians' attempt to bring home-style servings of the vintage brew in a modern and funky cafe format.

SpiceJet faces legacy issues amid revival flight

Its problems include two types of aircraft in its fleet, a pile of dues, a high employee-plane ratio, mounting losses and a brand image that has been hurt in recent months due to a series of flight cancellations and passenger dissatisfaction.

4 furniture e-tailers race to become market leader

Each of the big four companies of online furniture retail - Pepperfry, Fab Furnish, Urban Ladder and Mebel Kart - is devising its own methods to woo shoppers.

Infibeam founder Vishal Mehta makes a comeback

Vishal Mehta has had limited success as an online retailer with But he is back in the hunt with e-commerce infrastructure provider

PE funding of ARCs to impact bad loans market

Private equity funding of asset reconstruction companies will transform the bad loan market, but for that complete control over the acquired assets is a necessity.



Lenovo Yoga 3 Pro is a user's delight

Lenovo's new flagship ultrabook comes with a breakthough design and impossibly-thin dimensions. The convertible-hybrid laptop is also a user's delight.

Time to upgrade your tech wardrobe with wearables

Wearable gadgets are the next big thing in the tech world, driving innovation. Here's why you should wear one as well.



SEZs no longer special for investors. Here's why

The projects are falling out of favour because of the withdrawal of tax benefits to them.

Why business-politician collusion may end

For years, the politico-business nexus has been creating the impression that there are no takers for India's vast natural resources. Hopefully, this phase is over.

India is highly vulnerable to a range of infections

India has one of the highest density of livestock population and poorly guarded animal-human interface makes it vulnerable to disease outbursts, says a medical expert.



What made news this past fortnight - Dilip Shanghvi became India's richest, China's economic growth and more.


Business Today lists upcoming business and political events in March you must watch out for.